Obamacare to bankrupt states too!

By Kaiser’s calculation, following Obamacare’s loosened eligibility conditions for Medicaid could add an additional 10 million people to the rolls of the insured. The tab for this will exceed $1 trillion by 2022 with Uncle Sam picking up $952 billion, leaving states on the hook for $76 billion. That represents a 26 percent increase in federal outlays, but the state share represents modest 3 percent increase — for now. The real crunch will come after 2022, when Uncle Sam is no longer required to foot the bill for the Medicaid expansion.